EQLT vs IVV
iShares MSCI Emerging Markets Quality Factor ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. EQLT delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EQLT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $12M | $865.2B | |
| Dividend Yield | 2.13% | 1.09% | |
| Holdings | 321 | 508 | |
| YTD Return | +24.21% | +13.43% | |
| 1Y Return | +45.64% | +22.61% | |
| 3Y Return (annualized) | +2.44% | +21.47% | |
| 5Y Return (annualized) | +2.44% | +13.26% | |
| Volatility (annualized) | 19.1% | 15.1% | |
| Max Drawdown | -45.8% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 4, 2024 | May 15, 2000 |
EQLT vs IVV Performance
iShares MSCI Emerging Markets Quality Factor ETF (EQLT) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EQLT returned +45.64% while IVV returned +22.61%. Year to date, EQLT is up 24.21% versus a gain of 13.43% for IVV.
Over three years, EQLT compounded at +2.44% per year against +21.47% for IVV; over five years the annualized figures are +2.44% and +13.26% respectively. Across the full 13-year window we track, IVV has the edge at +7.03% annualized vs +3.60%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EQLT has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -45.8% for EQLT and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EQLT charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, EQLT currently yields 2.13% against 1.09% for IVV.
Holdings Overlap
EQLT and IVV share 4 holdings out of 799 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EQLT or IVV?
EQLT has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, EQLT or IVV?
Over the past year EQLT returned +45.64% vs +22.61% for IVV, so EQLT leads on 1-year performance. Over the longest common window we track (13 years), EQLT annualized +3.60% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, EQLT or IVV?
EQLT has been the more volatile fund at 19.1% annualized versus 15.1% for IVV. Worst drawdown: EQLT -45.8% vs IVV -56.5%.
Should I hold both EQLT and IVV?
EQLT and IVV have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EQLT and IVV?
EQLT and IVV share 4 common holdings with a 0.3% weight overlap. Combined, they hold 799 unique securities.
Which pays a higher dividend, EQLT or IVV?
EQLT yields 2.13% while IVV yields 1.09%, so EQLT currently pays the higher dividend yield.
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